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What are the characteristics of the commercial mortgage market?
Wiki User
∙ 13y ago
it is not subject to the state and federal regulation imposed to protect residential consumers. Commercial brokerage fees are often three or four times greater than residential mortgage commissions.
Wiki User
∙ 13y ago
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What is a commercial mortgage?
A commercial mortgage is not the same as a residential mortgage. A commercial mortgage applies to commercial buildings or businesses. Businesspeople take out commercial mortgages.
what is Commercial Mortgage?
A commercial mortgage is not the same as a residential mortgage. A commercial mortgage applies to commercial buildings or businesses. Businesspeople take out commercial mortgages.
How does a commercial mortgage company differ from other mortgage companies?
Commercial mortgage companies differ from other mortgage companies because they lend a much smaller percentage of the market value and they allow you to lease the buildings in multi parts, for example the shop space and the flats above
What is a good price for commercial mortgage lenders?
Rates for commercial mortgage lenders can depend on a large amount of variables. Market conditions, type of business, size of the business, type of mortgage options included and many more features will influence what the average prices would be.
What are the characteristics healthy market?
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How can you define commercial mortgage?
A commercial mortgage is a mortgage loan secured by commercial property, such as an office building, shopping center, industrial warehouse, or apartment complex. The proceeds from a commercial mortgage are typically used to acquire, refinance, or redevelop commercial property.
Which is the most successful commercial mortgage calculator?
There is no single most successful commercial mortgage calculator. KISfinance and others provide simple commercial mortgage calculators, but require calling a representative to get the best interest rates for a commercial mortgage.
Which companies offer commercial mortgage finance?
You can find commercial mortgage lenders online. For a trusted option, you may consider Dream Home Mortgage, providing mortgage solutions for businesses seeking commercial mortgages. I found this in a blog.
Where can one find a commercial mortgage broker?
Commercial mortgage brokers help to negotiate with banks or building societies to obtain the best possible interest rates for one's mortgage. They can be found as part of commercial mortgage broker companies such as Empire Commercial Finance.
What is a popular US mortgage commercial?
The most popular US mortgage commercial is the one with a lizard that talks about Americans and cowboys. He then transforms into a home that has a mortgage.
Where is it possible to get a debt consolidation mortgage?
You can get a debt consolidation mortgage from mortgage brokers, commercial mortgage bankers, commercial banks, credit companies, online lenders, savings and loan associations.
Are commercial mortgage rates normally higher or lower than home mortgage rates?
Typical interest rate for a commercial mortgage is 13% compared to a scope of 1-3% interest rate on a residental mortgage. Also it is very hard to obtain a commercial mortgage less than 100,000$. In the bottom line, one can conclude that commercial mortgage are normally higher than residental.
